Airline

SBI chairman despondent about Air India debt

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SBI chairman despondent about Air India debt

Pratip Chaudhuri, chairman of the State Bank of India (SBI) has stated that a quick solution to Kingfisher Airline’s debt problem was unlikely. SBI currently has a Rs 1,500 crore exposure in the Rs 8,000 crore bank loans of the airline. The consortium of banks have met recently to discuss unlocki...

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